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Financial Express Pune

Indices snap 4-week gaining streak on profit booking

THE BENCHMARK INDICES fell up to 0.60% on Friday as investors booked profits amid continued global caution following the Fed's hawkish tone.

1 min  |

November 01, 2025

Financial Express Pune

The trouble with abundance

POLITICAL SALVATION FOR US DEMOCRATS LIES IN ACKNOWLEDGING THE REALITY OF SCARCITY

4 min  |

November 01, 2025

Financial Express Pune

BSNL achieves 93% of Q2 revenue target, says Scindia

STATE-RUN TELECOM operator Bharat Sanchar Nigam Limited (BSNL) achieved 93% of its second-quarter revenue target for FY2025-26, generating Rs 5,347 crore, Union Minister for Communications Jyotiraditya Scindia said on Thursday.

1 min  |

October 31, 2025

Financial Express Pune

China allows Indian firms to import rare earth magnets

CHINA HAS GRANTED licences to certain Indian companies to import rare earth magnets, the ministry of external affairs (MEA) said on Thursday.

2 min  |

October 31, 2025

Financial Express Pune

Jio users to get Gemini Pro free...

THE PLAN INCLUDES access to the Gemini 2.5 Pro model through the Gemini app, advanced image and video generation tools Nano Banana and Veo 3.1, expanded use of Notebook LM for research and study and 2 TB of cloud storage.

1 min  |

October 31, 2025

Financial Express Pune

Bandhan Bank profit slides to ₹112 crore

THE POST-TAX PROFIT of private lender Bandhan Bank decreased to₹112 crore during the second quarter of the current financial as compared to 937 crore in the year-ago period. Operating profit decreased to ₹1,310 crore, from $1,855 crore in the same quarter last year.

1 min  |

October 31, 2025

Financial Express Pune

Infra, energy and realty to drive domestic order growth for L&T

OPPORTUNITIES IN ENERGY, infrastructure, real estate and others are expected to boost the domestic orders of Larsen & Toubro (L&T) in the coming quarters, say brokerages.

1 min  |

October 31, 2025

Financial Express Pune

Yield jumps most in 6 weeks; rupee falls to fortnightly low

FED TURNS HAWKISH

1 min  |

October 31, 2025

Financial Express Pune

Govt to create valid data on district domestic product

THE ANNUAL SURVEY of unincorporated sector enterprises (ASUSE), coupled with the periodic labour force survey (PLFS), would be extremely useful in calculating the district domestic product (DDP), Ministry of Statistics and Programme Implementation Secretary Saurabh Garg has said.

1 min  |

October 31, 2025

Financial Express Pune

CSR for Nation Building to Achieve Viksit Bharat

PSUs have undertaken a wide range of impactful activities over the years — from environmental protection and women’s empowerment to rural development, education, healthcare, job creation and disaster relief

4 min  |

October 31, 2025

Financial Express Pune

Weddings to generate ₹6.5L cr this year

WEDDINGS IN INDIA will generate ₹6.5 lakh crore business from 4.6 million marriages in the first set of auspicious dates from November 1 to December 14 this year, as estimated by the Confederation of All India Traders (CAIT).

2 min  |

October 31, 2025

Financial Express Pune

Govt reimposes import tariff on yellow peas

TO BOOST THE market prices of pulses, the government has imposed a 30% import duty on yellow peas, a cheaper substitute ofchana, largely used in the food processing industry, from November 1.Duty-free imports of the item was allowed from December, 2023.

2 min  |

October 31, 2025

Financial Express Pune

Cobrapost claims ₹41,900-cr fund diversion at Anil Ambani group

INVESTIGATIVE PORTAL COBRAPOST on Thursday alleged Anil Ambani’s Reliance Group had committed a massive financial fraud exceeding ₹41,921 crore through diversion of funds from group companies since 2006 — a charge the group denied as a malicious campaign aimed at crashing stock prices.

2 min  |

October 31, 2025

Financial Express Pune

Global auto firms brace for chip cuts

CARMAKERS AROUND THE world are planning to scale back production after an export freeze on a Chinese semiconductor company based in Netherlands threatened to disrupt the industry’s supply chains.

1 min  |

October 31, 2025

Financial Express Pune

Tech in the spotlight but Trump tariffs loom large

THEJAPAN MOBILITY Showis highlighting more than just cars or the types of fuel they use from electric to hydrogen, but also various kinds of futuristictransport.Think scuttling robotic chairs, like the Uni-One from Honda. The Tokyo-based maker of the Accord sedan says it is all about personal mobility as a mode for quick transport by 2035. Just sit on the boxlike machine as it zips around quietly.

1 min  |

October 31, 2025

Financial Express Pune

Swiggy delivers no surprise: Revenue rises, loss widens

NET LOSS WIDENS 74% TO 71,092 CR, REVENUE UP 54% TO %5,561 CR

2 min  |

October 31, 2025

Financial Express Pune

FPIs flash India comeback signal

Short positions at 3-month low

1 min  |

October 31, 2025

Financial Express Pune

United Spirits profit up 36% as Andhra re-entry boosts sales

UNITED SPIRITS, THE country’s largest liquor maker, on Thursday reported a 36.1% year-on-year rise in consolidated net profit for the second quarter of FY26 to 464 crore, beating Street estimates by a wide margin. Bloomberg consensus estimates had forecast net profit at $373 crore.

1 min  |

October 31, 2025

Financial Express Pune

Building Sustainable and Inclusive Future with Indian PSUs

PSU-led CSR projects not only empower people in backward regions but also help strengthen urban development

4 min  |

October 31, 2025

Financial Express Pune

Is protecting ‘competitors’ over ‘competition’ creating regulatory uncertainty?

THE RECENT BOMBAY High Court judgement of 11 September 2025 against Asian Paints, upheld by the Supreme Court on October 13 2025, has attracted media attention. These verdicts have created a perception of regulatory uncertainty in corporate boardrooms, whether “competitors” are being protected at the cost of “competition” due to the High Court’s rejection of res judicata, a concept recently introduced by the Competition Amendment Act, 2023. Such perception can hinder our economy’s growth, warranting further debate.

2 min  |

October 31, 2025

Financial Express Pune

Union Bank sees 10% fall in profit

PUBLIC SECTOR LENDER Union Bank of India reported a 10% year-on-year (YoY) decline in net profit to ₹4,249 crore for the second quarter of FY26, compared to ₹4,719.7 crore in the corresponding quarter last year.

1 min  |

October 31, 2025

Financial Express Pune

Bank credit grows 11.45%, show RBI data

LOANS EXTENDED BY banks grew 11.45%year-on-year (YoY) as on October 17, continuing to outpace the growth in deposits, the Reserve Bank of India data released on Thursday showed.

1 min  |

October 31, 2025

Financial Express Pune

RBI rejects SBI Cap plan to raise stake in Investec unit

THE RESERVE BANK of India has turned down a proposal by State Bank of India (SBI) to increase its stake in an institutional equities joint venture with a local unit of Investec, sources said.

1 min  |

October 31, 2025

Financial Express Pune

L&T targets sixfold rise in data centre business

HE FURTHERADDED that data centres are a capital-intensive business, and getting clients to use the data centre for storing servers and keeping data in is not very remunerative.

1 min  |

October 31, 2025

Financial Express Pune

OpenAI may target $1-trn IPO valuation

OPENAI IS LAYING the groundwork for an initial public offering that could value the company at up to $1 trillion, three people familiar with the matter said, in what could be one of the biggest IPOs of all time.

1 min  |

October 31, 2025

Financial Express Pune

5,000 FPOs must have turnover above ₹1 cr by FY26: Chouhan

AGRICULTURE MINISTER SHIVRAJ Singh Chouhan on Thursday called for increasing annual sales turnover of at least 5,000 farmers producer organisations (FPOs) to above ₹1 crore each by FY26 for achieving economy of sale and financial sustainability.

1 min  |

October 31, 2025

Financial Express Pune

Tighter cost control & higher exports drive Hyundai net up

Profit rises 14% to ₹1,572 cr in Q2, revenue grows 1%

1 min  |

October 31, 2025

Financial Express Pune

RDIF as engine of knowledge economy

THIS YEAR'S ECONOMICS Nobel Prize awarded to Philippe Aghion, Peter Howitt, and Joel Mokyr underscores the principle that sustained productivity gains stem not from capital deepening alone but from frontier innovation, the systematic generation and diffusion of new technologies that displace obsolete ones through creative destruction.

3 min  |

October 31, 2025

Financial Express Pune

Bigger, bolder, brighter

OUTDOOR AD SPENDING, BUOYED BY NEW-AGE FORMATS AND INNOVATIVE DISPLAYS, SURGED NEARLY 20% THIS FESTIVE SEASON

3 min  |

October 31, 2025

Financial Express Pune

OIL Swabalamban: Empowering Youths, Shaping Futures

\"When a nation invests in the skills of its youth, it invests in the strength of its own future.\" Guided by this belief, Oil India Limited (OIL) has, for decades, invested deeply in the development of communities across its operational areas. Among its flagship Corporate Social Responsibility (CSR) initiatives, one project stands out as a shining example of sustained impact and human transformation- Project 'OIL Swabalamban'.

6 min  |

October 31, 2025
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